For Sale
$300,000

13832 Us Highway 1Sebastian, FL 32958

Income-producing medical office, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a +/- 980 square foot medical office unit situated in the desirable Zales Plaza in Sebastian, Florida. Currently leased to Pelican Pediatrics since 2009, the property generates a consistent monthly income of $2,397.33 plus Florida sales tax, with a 3% annual rent escalator built into the lease. The lease agreement extends until August 7, 2028, providing long-term stability for the investor. The interior features a reception/waiting area, four plumbed exam rooms, a private office, a lab, and two restrooms. The flooring is a mix of carpet and tile, and the ceilings are drop ceilings. The building was constructed in 1988 and is located at 13832 US Highway 1, Sebastian, FL 32958. Its prime location directly across from Sebastian River Medical Center ensures high visibility and accessibility. The convenient US-1 frontage offers easy access to Brevard County, the Wabasso Causeway, and Vero Beach. The asking price for this income-generating property is $300,000. This presents a strong return on investment with a stable tenant and a desirable location. The property is a single unit within a larger plaza. The lot size is not specified.

Highlights

  • 980 SF medical office condo in desirable Zales Plaza, Sebastian, FL.
  • Currently leased to Pelican Pediatrics through August 7, 2028, generating $2,397.33/month + sales tax, with a 3% annual rent increase.
  • Features four exam rooms, a lab, and private office.
  • Located at 13832 US Highway 1, Sebastian, FL 32958, across from Sebastian River Medical Center.
  • Asking price: $300,000.

Property Details for 13832 Us Highway 1

Property type
Office properties
Year Built
1988
Units
1

Location Insight

City
Sebastian
County
Indian River
State
Florida
Latitude
27.8456606
Longitude
-80.4877238
13832 Us Highway 1, Sebastian, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
13832 Us Highway 1
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message